Grove Bank & Trust Sells 5,316 Shares of iShares National Muni Bond ETF $MUB

Grove Bank & Trust decreased its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 15.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,441 shares of the exchange traded fund’s stock after selling 5,316 shares during the quarter. Grove Bank & Trust’s holdings in iShares National Muni Bond ETF were worth $3,046,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Brookstone Capital Management increased its holdings in shares of iShares National Muni Bond ETF by 31.5% during the third quarter. Brookstone Capital Management now owns 130,663 shares of the exchange traded fund’s stock worth $13,914,000 after buying an additional 31,324 shares in the last quarter. Advyzon Investment Management LLC boosted its holdings in shares of iShares National Muni Bond ETF by 18.1% during the 3rd quarter. Advyzon Investment Management LLC now owns 41,426 shares of the exchange traded fund’s stock valued at $4,411,000 after acquiring an additional 6,349 shares in the last quarter. Allen Capital Group LLC boosted its holdings in shares of iShares National Muni Bond ETF by 121.7% during the 3rd quarter. Allen Capital Group LLC now owns 11,413 shares of the exchange traded fund’s stock valued at $1,215,000 after acquiring an additional 6,265 shares in the last quarter. First Horizon Corp bought a new stake in iShares National Muni Bond ETF during the 3rd quarter worth $3,365,000. Finally, BIP Wealth LLC grew its position in iShares National Muni Bond ETF by 171.2% during the 3rd quarter. BIP Wealth LLC now owns 71,152 shares of the exchange traded fund’s stock worth $7,577,000 after acquiring an additional 44,917 shares during the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Down 0.9%

Shares of MUB opened at $105.91 on Friday. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $109.00. The business has a 50-day simple moving average of $107.77 and a two-hundred day simple moving average of $107.20.

About iShares National Muni Bond ETF

iShares National AMT-Free Muni Bond ETF (the Fund), formerly iShares S&P National AMT-Free Municipal Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P National AMT-Free Municipal Bond Index (the Index). The Index measures the performance of the investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.